Question: Method# 1 : Using a weighted moving average of 0 . 3 5 [ last day ] , 0 . 3 0 [ 2 days

Method#1: Using a weighted moving average of 0.35[last day],0.30[2 days ago]0.15[3 days ago],0.10[4 days ago],0.10[5 days ago], calculate the daily forecasts for the last 15 days. In addition, what is the forecast for the Monday of this week?
Method #2: Assume that the forycast for Monday of 4 weeks ago was 570 units. Using an Exponential Smootiing with =0.25, calculate the daily forecasts for the last 15 days. In addition, what is the forecast for the Monday of this week?
Calculate the Mean Squared Error for each of the above methods based on the daily forecasts for the last 15 days. Which method is more accurate? Why?
 Method#1: Using a weighted moving average of 0.35[last day],0.30[2 days ago]0.15[3

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